The Dow industrials dropped nearly 900 points, putting the index on track for its worst one-day decline since October
U.S. stocks, oil prices and government bond yields slid Monday as anxiety mounted over the spread of the Delta coronavirus variant and its potential impact on the global economy.
The Dow Jones Industrial Average slumped 830 points, or 2.4%, in midday trading, putting the index on track for its worst one-day drop since October. The S&P 500 fell 1.7%, while the technology-heavy Nasdaq Composite declined 1.1%. Monday’s losses marked an acceleration after U.S. stock indexes dropped last week,Investors sheltered in the safety of government bonds. The yield on 10-year Treasury notes fell to 1.207%—its
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